World Bank’s Doing Business ranked Kazakhstan the number one in the Protecting Minority Investors index
The World Bank’s Doing Business ranked Kazakhstan the number one in the Protecting Minority Investors index. Last year, according to this criterion, Kazakhstan was ranked the third place. In addition, Kazakhstan has improved its results in the Enforcing Contracts Indicator, too. Kazakhstan has jumped by 3 positions and climbed to the 6th place. In general, according to the World Bank studies, Kazakhstan took the 36th place among 190 countries. New Zealand leads the Doing Business rating. Singapore, Denmark, South Korea, Hong Kong and the US are among the leaders, too. The rankings of all states were compiled as of June 2017.
GALIYA ZHOLDYBAYEVA, SENIOR STAFF, KAZAKH MINISTRY OF NATIONAL ECONOMY:
- Kazakhstan is ranked 36th in the list of the OECD countries. Today we climbed to the 24th place after Switzerland and Japan, ahead of the countries like Italy, Mexico, Israel and Turkey. Among the EurAsEC countries, Kazakhstan has been ranked the second place after Russia. We topped out of 190 countries in the indicator of Protecting Minority Investors. We were ranked the third place last year and this year in the Enforcing Contracts Indicator we jumped by 3 positions and climbed to the 6th place. We remain in the TOP 10 countries in this indicator.